LendLedger

LendLedger

TBA
14,374 Views
LendLedger is the first blockchain-based open protocol connecting data providers, lenders and borrowers to help small businesses globally unlock the eight trillion dollars in loans they are unable to access today.

LendLedger’s founders and advisors have created or led pioneering ventures in emerging markets, including SKS (First microfinance institution to IPO in India), FINO Paytech (70 million clients), and M-PESA in Kenya (largest mobile money provider globally). V.01 of the LendLedger protocol is already in use, powering $30 million in loan disbursements annually for Happy Loans, a licensed lender in India. Lenders leveraging the LendLedger protocol also do not need to hold crypto-assets, thereby significantly reducing barriers to adoption. Our LOANtokens, are used to unlock lending credits on the network and give access for data providers, borrowers and others.
7.9
TOTAL SCORE
8.5
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Bounty: Bounty
Dates: TBA
Whitelist/KYC: KYC
Country: Singapore
Token info
Ticker: LOAN
Platform: Stellar
Token Type: Stellar
Available for sale: 450,000,000 LOAN (45%)
Financial
ICO Price: 1 LLC = 0.05 USD
Accepting: ETH, BTC, XLM, Fiat
Hard cap: $5,000,000
Milestone 1 (Q4 2018): Demonstration (India-Based Pilot)
By the close of 2018 LendLedger will have released its initial protocol focused on core blockchain functionality.. The co-founders of LendLedger currently own and operate a data-driven Indian lending business which is onboarding loans at a run rate of $30 million annually. This will become our pilot group and we will move all of these loans onto the LendLedger blockchain. In addition, LendLedger will become the first test Credit Node. Credit nodes are essential to the running of the platform: they stake LOANtoken in exchange for Ledger Credit - the stable, non-fungible asset, used to make loans on the platform. For more details please see the LendLedger Technical Paper.
Milestone 2 (Q1 2019): India Onboarded
In the first 6 months of 2019 LendLedger will have expanded the pilot platform, built off our existing Indian lending business Happy Loans, and will be operating in the wider Indian market via the second iteration of the LendLedger protocol. Amongst other things this will involve off-chain data exchanges and Credit Nodes in testing with 3rd parties. As the basic software for Lenders and Data Providers will be live there will be a deep focus placed on bringing more actors onto the platform. The project will draw on the extensive relationships our founding team have with Indian institutions such as ICICI Bank, RBL Bank, Yes Bank, HDFC Bank and establishing partnerships like that with the Smart Campaign to assure those on our platform are observing best practice. We aim to have reached a annual run rate of over $50 million at this stage.
Milestone 3 (Q2 2019): India + 1 Other Market
After successfully establishing LendLedger in India the team will focus on scaling through expanding into other emerging markets. LendLedger has advisors and Community Experts with valuable experience in our target markets such as Nick Hughes, founder of M-KOPA and Nicole Van Der Tuin Co-Founder and CEO of First Access. <br />
Screenshots taken on 18 Sep 2018
Gautam Ivatury
Co-Founder and CEO
Participates in a number of projects
Manish Khera
Co-Founder
Participates in a number of projects
Greg DeForest
Head of Product
Participates in a number of projects
Odysseas Sclavounis
Blockchain Network Governance
Participates in a number of projects
Sanachit Mehra
Blockchain Architect
Participates in a number of projects
Daniella Loftus
Communications Manager
Participates in a number of projects

Advisors (3)

Nick Hughes, OBE
Advisor
Participates in a number of projects
Alberto Jimenez
Advisor
Participates in a number of projects
Alex Mashinsky
Advisor
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Verity
Verity makes it easy for people to get paid for reporting on real-time events and information around them, while developers can get any data they want in a cheap, fast and secure data feed. It uses sub-ms network to process data with wisdom of the crowd approach and uses blockchain‑as‑a‑court‑system on Ethereum network to guarantee security and fairness.
Upcoming
Burency
Burency is an advocate for crypto and Blockchain adoption, particularly in the MIDDLE EAST. The platform is designed to address key challenges that prevent widespread adoption within the cryptocurrency and Blockchain ecosystem such as exchange’s lack of liquidity and security, unsustainable mining, unawareness of Blockchain applications to businesses. The Burency Exchange is a regulated exchange platform that addresses key challenges including security, liquidity, fiat to crypto transactions and vise versa, and more. The exchange is one of the world’s fully insured platforms, with coverage provided from LIoyd’s of London through the Nebbex Protocol. The Burency Mining facility answers some of the challenges associated with crypto mining such as mining destruction to environment and excessive mining power expenses by creating a sustainable facility powered by renewable hydropower. Burency provides a streamlined platform for the generation of cryptocurrency via purchased timeshare slots within the mining facilities using the BUY token. Additionally, computational power can also be purchased via the BUY token which governs purchases across the Burency ecosystem. The Burency Blockchain Development Center is dedicated mainly for advising enterprises on Blockchain applications and helping them operate on the blockchain for more efficient operation and business transactions execution. In particular, the center focuses on the creation of smart contracts that enable businesses to trade with entities across geographical and jurisdiction boundaries.
Active
Innou
INNOU is a digital ecosystem, aiming to become the world’s first completely decentralized multimedia marketplace. Gaming, News Channel, Instant Messaging and the Integrated Wallet are just a few of the modules incorporated in the final mobile app, which we launch. With INNOU we want to bridge the gap between the fiat and digital money systems. Therefore, INNOU will be built as a hybrid model of blockchain technology and classical web services. INNOU will provide secure and transparent transactions, entertainment, messaging services, and an ‘on demand’ platform for content creators. Overall, we follow our strategy to include multiple sustainable features, such as planting trees in deforested areas through the game. The community will be able to create and discover economic niches and earn money while following their passion on a global scale. By implementing the largest cryptocurrencies into one single wallet, we will create a marketplace that is independent from any major currency and enables the users to list, sell and advertise their goods and services.
Upcoming
Orion Protocol
ORION is a new kind of blockchain investment platform that combines the best features of exchanges, brokerages, and instant trading apps. The platform is built around a liquidity aggregator connected to all of the major crypto exchanges, as well as its own internal decentralized exchange, enabling users to gain the best price for their trades from a single portal. Along with powerful tools for portfolio management, ORION offers exceptional security, convenience, and flexibility. The platform is suitable for experienced traders, institutional investors, and newcomers alike.
Upcoming
Universal Reward Protocol
By accepting to share their shopping data with the network, a shopper earns reward tokens, while the data is used by retailers to build redemption offers that best suit each customer’s needs. Shoppers can redeem their tokens through these exclusive and personalized offers.
Upcoming
MediLOT
MediLOT is a health data protocol that aims to solve the concerns of Electronic Health Records (EHR). Current EHR systems are fragmented, centralised and lack patient ownership. Through a dual blockchain solution, MediLOT incorporates Artificial Intelligence capabilities onboard its control and data layers which allows the equitable sharing of health data. The MediLOT ecosystem will consist of patients, healthcare providers, researchers and commercial companies.